The estimated Net Worth of Kenneth Vecchione is at least $47.6 Milión dollars as of 15 August 2024. Mr. Vecchione owns over 539 units of Western Alliance Bancorp stock worth over $35,161,761 and over the last 17 years he sold WAL stock worth over $7,204,500. In addition, he makes $5,261,280 as President, Chief Executive Officer a Director at Western Alliance Bancorp.
Kenneth has made over 27 trades of the Western Alliance Bancorp stock since 2010, according to the Form 4 filled with the SEC. Most recently he exercised 539 units of WAL stock worth $42,414 on 15 August 2024.
The largest trade he's ever made was buying 70,000 units of Western Alliance Bancorp stock on 24 August 2010 worth over $437,500. On average, Kenneth trades about 2,890 units every 36 days since 2008. As of 15 August 2024 he still owns at least 446,839 units of Western Alliance Bancorp stock.
You can see the complete history of Mr. Vecchione stock trades at the bottom of the page.
Kenneth A. Vecchione serves as President, Chief Executive Officer, Director of the Company. He served as the non-management Chairman of the Company’s bank subsidiary, Western Alliance Bank, from January 2014 to December 2015, Vice Chairman of Bank of Nevada from October 2010 to December 2013, and was the Company’s President and Chief Operating Officer from April 2010 to April 2013. In April 2013, Mr. Vecchione joined Encore Capital Group as President and director, and served as its Chief Executive Officer from June 2013 through June 2017. He was also Chairman of Cabot Credit Management, Encore Capital Group’s largest majority owned international subsidiary. During his more than 35-year career, Mr. Vecchione has held a number of senior positions at large financial services companies, including Chief Financial Officer at Apollo Global Management, LLC from 2007 to 2010 and Executive Vice President and Chief Financial Officer at AT&T Universal Card Services from 1997 to 1998. Between 1998 and 2006, Mr. Vecchione served in a number of positions at MBNA Corporation, including three years as Vice Chairman and Chief Financial Officer. Mr. Vecchione previously served as a director of International Securities Exchange from 2007 through June 2016. Mr. Vecchione served on the board of the Federal Home Loan Bank of San Francisco from 2012 through 2013. Mr. Vecchione also served as a director of Affinion Group and was the Chairman of its Audit Committee until January 2011. Mr. Vecchione provides valuable insight and guidance on the issues of corporate strategy and risk management, has expertise and understanding of the current trends and regulatory issues within the financial services industry, extensive public company experience and day to day knowledge of the Company.
As the President, Chief Executive Officer a Director of Western Alliance Bancorp, the total compensation of Kenneth Vecchione at Western Alliance Bancorp is $5,261,280. There are no executives at Western Alliance Bancorp getting paid more.
Kenneth Vecchione is 65, he's been the President, Chief Executive Officer a Director of Western Alliance Bancorp since 2019. There are 7 older and 16 younger executives at Western Alliance Bancorp. The oldest executive at Western Alliance Bancorp is Sung Won Sohn, 75, who is the Independent Director.
Kenneth's mailing address filed with the SEC is C/O WESTERN ALLIANCE BANCORPORATION, ONE E. WASHINGTON STREET, STE 1400, PHOENIX, AZ, 85004.
Over the last 19 years, insiders at Western Alliance Bancorp have traded over $253,591,951 worth of Western Alliance Bancorp stock and bought 3,128,725 units worth $56,142,096 . The most active insiders traders include Robert Gary Sarver, William S Boyd a Marianne Boyd Johnson. On average, Western Alliance Bancorp executives and independent directors trade stock every 14 days with the average trade being worth of $1,693,724. The most recent stock trade was executed by Robert P Latta on 9 September 2024, trading 2,996 units of WAL stock currently worth $247,919.
western alliance bank serves customers in in arizona, california, and nevada. the company provides services to businesses, entrepreneurs, professionals, nonprofit organizations, high net worth individuals and other consumers seeking the robust product array of a national bank with the individual, personal attention of a community bank, delivered through a dedicated, local relationship manager.
Western Alliance Bancorp executives and other stock owners filed with the SEC include: